Budget Recalibration Initiative

Budget Recalibration Initiative

Beginning in January 2017, Chancellor Yeigh asked the Institutional Planning & Budget (IPB) Office to collaborate with the campus community to recalibrate UW Bothell's institutional budget with the goals of making it easier to understand and transparent, and to factor in strategic initiatives, commitments, and need for increasing reserves and creating an equity fund for capital needs. UW Bothell is now pursuing a Modified Responsibility Center Management (RCM) budget model, which will be implemented in phases over the next three years. The RCM Overview: School Perspective summarizes budgetary impact to Schools and the First Year and Pre-major Program.

Phase 1: January - June 2017

Two groups were formed to implement Phase 1 of the initiative: the Core Team, chaired by the Senior Director of Institutional Planning & Budget, and the Steering Committee, chaired by the Vice Chancellor of Planning and Administration.